Very good documentary that will awaken consciences. This documentary tells of the effects of farm subsidies in Europe. We can see these devastating effects in relation with producers from various countries like the Dominican Republic, South Africa and Ghana.
economic prescriptions of the IMF conditions for these countries to the opening of trade borders to receive financial aid that comes from the World Bank.
Since rich countries spend millions of euros in order to undertake education campaigns to producers to produce more and more competitive, while their markets are flooded with European products that are sold at a lower cost than the cost of production through subsidies. Given this, among other tariff measures, producers in poor countries are unable to compete with large industries with their starving cows and primitive tools, while living in poverty.
While in Europe, where they have to destroy tons of surplus production. An amount that you can not give out even with the flood of these products to the markets of poor countries open to move this problem of overproduction.
With this, it is paradoxical to observe the undoubtedly making a kind of defense system, a "Soviet economy" planned by the champions of capitalism, free trade and devotees of the "invisible hand" that Adam Smith told us in his Wealth of Nations.
But what if these champions of economic liberalism gave them an orthodox way to apply his doctrine?. I would like to appear apocalyptic in my personal view, but judging from the movements observed at several attempts a greater opening of the European countries as the example shown in the documentary, the expectations would not be very alagüeñas.
Looking back at the past, we can observe that revolutions are not carried out by people who live badly, but by people who happen to live poorly, and although history never repeats if it is true that humanity is a logical pattern of transformation to an adverse situation.
In the industrial world is becoming increasingly seeing the phenomenon of offshoring, declining quality in employment contracts ... but what would happen if we let the "invisible hand" to make regulatory adjustments market?, what happened if we now live in a privileged position compared to poor countries we had to change roles could not compete with products whose price would be much lower than those produced the rich countries?, would we be able to adapt to a new reality of capitalism Orthodox?. Norberg
authors as probably change their attitude to be in another frame of mind if globalization, now joy of some and nightmare for others, should be equal for everyone. In this case, is this economic system would be sustainable?.
Another phenomenon referred to in the documentary is the phenomenon of upward migration is directly related to the fall in living standards in poor countries.
retaining walls, both physical and political, grow to a lesser extent the flood of people in search of the European dream.
This is becoming a growing problem, labor becomes cheaper, increased unemployment, Further support is needed are social, and worst, falling incomes of the population base that sustains the economy while production is increasing, but what happens when the purchasing power of the base is insufficient to support the economy ?, what if there comes a time when we can not consume the necessary level?.
These phenomena are a reality that manifests itself gradually, but from the highest levels is observed with satisfaction how well underway macroeconomics.
Source: Historiantes
economic prescriptions of the IMF conditions for these countries to the opening of trade borders to receive financial aid that comes from the World Bank.
Since rich countries spend millions of euros in order to undertake education campaigns to producers to produce more and more competitive, while their markets are flooded with European products that are sold at a lower cost than the cost of production through subsidies. Given this, among other tariff measures, producers in poor countries are unable to compete with large industries with their starving cows and primitive tools, while living in poverty.
While in Europe, where they have to destroy tons of surplus production. An amount that you can not give out even with the flood of these products to the markets of poor countries open to move this problem of overproduction.
With this, it is paradoxical to observe the undoubtedly making a kind of defense system, a "Soviet economy" planned by the champions of capitalism, free trade and devotees of the "invisible hand" that Adam Smith told us in his Wealth of Nations.
But what if these champions of economic liberalism gave them an orthodox way to apply his doctrine?. I would like to appear apocalyptic in my personal view, but judging from the movements observed at several attempts a greater opening of the European countries as the example shown in the documentary, the expectations would not be very alagüeñas.
Looking back at the past, we can observe that revolutions are not carried out by people who live badly, but by people who happen to live poorly, and although history never repeats if it is true that humanity is a logical pattern of transformation to an adverse situation.
In the industrial world is becoming increasingly seeing the phenomenon of offshoring, declining quality in employment contracts ... but what would happen if we let the "invisible hand" to make regulatory adjustments market?, what happened if we now live in a privileged position compared to poor countries we had to change roles could not compete with products whose price would be much lower than those produced the rich countries?, would we be able to adapt to a new reality of capitalism Orthodox?. Norberg
authors as probably change their attitude to be in another frame of mind if globalization, now joy of some and nightmare for others, should be equal for everyone. In this case, is this economic system would be sustainable?.
Another phenomenon referred to in the documentary is the phenomenon of upward migration is directly related to the fall in living standards in poor countries.
retaining walls, both physical and political, grow to a lesser extent the flood of people in search of the European dream.
This is becoming a growing problem, labor becomes cheaper, increased unemployment, Further support is needed are social, and worst, falling incomes of the population base that sustains the economy while production is increasing, but what happens when the purchasing power of the base is insufficient to support the economy ?, what if there comes a time when we can not consume the necessary level?.
These phenomena are a reality that manifests itself gradually, but from the highest levels is observed with satisfaction how well underway macroeconomics.
Source: Historiantes
